Earlier on July 31, terrorists looted a ban at Anantnag in Jammu and Kashmir. The terrorists robbed the bank at gunpoint reports stated. There have been several successful attempts at robbing banks in the Valley since November 8 when demonetisation was announced, suggesting that the terrorists are facing a cash crunch.
The hawala trade is at standstill even as a series of moves by the Centre have dried up terrorists’ financial resources.